The strategy provides further clarification regarding the sale of 32 bitcoins. Company disclosures reveal that co-founder Michael Saylor recently stated he never claimed Strategy would never sell bitcoins; he has consistently emphasized in the past that individual investors should not easily sell their bitcoins.
Saylor distinguishes personal opinions from corporate treasury.
At the Bitcoin Conference in Prague, Saylor responded to external skepticism by stating that an individual's stance on long-term Bitcoin holding is not the same as corporate treasury management. According to him, companies may sell small portions of their holdings to meet funding requirements or internal operational needs.
32-bitcoin transaction sparks debate
This statement follows Strategy’s previous sale of 32 bitcoins, which, according to the figures cited, amounted to approximately $2.5 million. After the event, some Bitcoin supporters questioned the inconsistency between the company retaining the option to sell and management’s long-standing advocacy of “do not sell Bitcoin.”
Regarding this transaction, Strategy CEO Phong Le previously downplayed its impact, stating that the sale was primarily a test of internal operational procedures and that external reactions had been exaggerated. However, this explanation did not fully quell the controversy.
The company subsequently continued to increase its holdings.
Company disclosures show that Strategy purchased an additional 1,550 bitcoins between June 1 and June 7, for a total amount of approximately $101 million, at an average purchase price of about $65,332 per bitcoin.
- Add a buy order for 1,550 BTC
- Purchase amount of approximately $101 million
- Latest holdings increased to 845,256 BTC
As of the latest disclosure, Strategy continues to hold the position of the world’s largest corporate Bitcoin holder. According to the data provided, the company’s average cost basis for Bitcoin is approximately $75,699 per coin; at a Bitcoin price of around $62,560, it remains in an unrealized loss position.
Additional information: The article states that this increase in holdings occurred following the controversy over the sale of 32 bitcoins, indicating that the company’s overall Bitcoin treasury strategy has not undergone a directional shift.